Toy Company manufactures toy koalas. Transactions for the year 2016 were as follows:

What was the reported profit for the year 2016 if revenue was recognised at the point of sale?
A) $140 000
B) $240 000
C) $320 000
D) $350 000

Question

Toy Company manufactures toy koalas. Transactions for the year 2016 were as follows:

What was the reported profit for the year 2016 if revenue was recognised at the point of sale?
A) $140 000 
B) $240 000 
C) $320 000 
D) $350 000

Quizplus · Accepted Answer

The Answer of Toy Company manufactures toy koalas. Transactions for the year 2016 were as follows:

What was the reported profit for the year 2016 if revenue was recognised at the point of sale?
A) $140 000 
B) $240 000 
C) $320 000 
D) $350 000

Toy Company Manufactures Toy Koalas